The U.S. Strategic Petroleum Reserve (SPR) was created in 1975 by the Energy Policy and Conservation Act, signed into law by ...

ONGC anticipates crude oil prices to remain between USD 60-65 per barrel, aligning operations and finance strategies ...

Canada’s oil industry is experiencing a wave of consolidation as producers opt for mergers and acquisitions over new megaprojects, driving record production thanks to optimized existing assets and ...

Saudi Aramco 2222.SE can sustain crude oil production at 12 million barrels per day (bpd) for a year without incurring ...

The Tema Oil Refinery (TOR) is set to resume crude oil refining operations by the end of October 2025, following nearly eight years of inactivity.

Iraq is negotiating with OPEC to raise its oil production quota as it boosts output capacity toward 5.5 million barrels per ...

October WTI crude oil (CLV25) today is down -1.20 (-1.85%), and October RBOB gasoline (RBV25) is down -0.0330 (-1.65%). Crude oil and gasoline prices today are moving lower as global crude supply ...

Full production is expected to be reached within days from all three platforms following receipt of necessary authorizations.

The U.S. Treasury's decision this week to slap sanctions on two of Russia’s largest oil producers triggered a jump in global ...

A key crude oil distillation unit has been destroyed at the Ilsky oil refinery in Russia’s Krasnodar Krai by Ukrainian Special Operations Forces (SOF), together with the Russian resistance movement ...